What are the changes in 2021?

The new year brings with it a number of changes in payroll tax and social security law. We have summarized the most relevant changes in 2021 for you here. Here are the most important facts and key data:

  • Increase in the general minimum wage
  • Elimination of solidarity surcharge
  • Electromobility: increase in monthly flat rates for charging
  • Increase of the distance allowance
  • Mobility bonus as an alternative to the distance allowance
  • Increase in relief amount for single parents
  • Contribution rates and levy rates in 2021
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November assistance and new start assistance for solo self-employed

In view of the dynamic occurrence of infection, the federal government and the states have decided on measures to break the wave of infection. For certain industries, this includes temporary closures. With the extraordinary economic aid, the solo self-employed are now also being supported.

Many solo self-employed people are waiting for this information,

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Surprise mail from the tax office – where did they get the information about my foreign account?

Today, the German tax office can access high-quality data on foreign accounts and systematically evaluate this data. The Federal Central Tax Office is currently evaluating 1.1 million messages from this data exchange.

We are currently experiencing the effects of implementing this data exchange.

After the first measures of data exchange on financial matters between European and non-European countries have already taken place in the past,

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Data exchange with Turkey: voluntary disclosure protects against prosecution

In the middle of this year, the Federal Ministry of Finance declared that the Automatic Exchange of Information (AIA) will be expanded to include new countries from autumn 2020. The focus will be on data exchange with Turkey.

We have therefore asked Dr. Christopher Arendt, attorney, tax law specialist and managing director of ACCONSIS in Munich,

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No short-time work compensation without German company headquarters?

Recently, there has been an increasing number of inquiries from concerned clients who employ employees in Germany subject to social security contributions but do not have a registered office in Germany.

This is usually due to notifications from the German Employment Agency which, referring to the lack of a company seat in Germany,

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What changes in short-time work and short-time allowance?

We have summarized all the changes in short-time working and short-time allowance for you. This applies in detail:

  • the increase in the short-time working allowance
  • the new rules for new mini-jobs during short-time work in the main job
  • a summary of the recording obligation for marginally employed and short-term workers

You can find all details here.

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Is a reduction of holiday entitlement permitted during short-time work?

The “Covid-19” crisis is constantly presenting employees and employers with new challenges. One of the major current issues is the relationship between short-time work and holidays.

In order to avoid the loss of working hours, the remaining leave from the previous year must first be brought in. Now the question arises,

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Selbstanzeige Finanzamt Türkei

The next wave of voluntary declarations to the tax office is foreseeable!

Since 2014, 100 countries have committed themselves to exchange information from account holders among themselves in the framework of the Automatic Information Exchange (AIA). This OECD measure ensures greater transparency in international money transactions and, as seen in the example with Switzerland, has also resulted in numerous cases of voluntary disclosure to the tax authorities.

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Mehrwertsteuersenkung zum 01-07.2020

Value added tax reduction – you have to consider that from 01.07.2020!

In order to revive the economy after the corona shock of the last few months, the German government adopted a comprehensive fiscal stimulus package on June 12, 2020. A central part of these measures is the temporary reduction of the statutory value-added tax within the framework of the standard tax rate from currently 19 % to 16 % and the reduced tax rate from 7 % to 5 %.

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Corona Notfallkredite - Empfehlung rasche Beantragung

Our recommendation: Rapid application for emergency loans

Since last week, companies can apply for emergency loans from the KfW, which are then disbursed as quickly as possible via their house banks. Since then, the banks have been overrun by applications for the KfW emergency loans to cope with the Corona crisis. On the first day of the aid programme Deutsche Bank alone received more than 5300 applications from companies.

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